A court ruling has cleared the way for the Perkins Rowe mixed-use development in Baton Rouge to be auctioned at a foreclosure sale on Aug. 28, according to the Business Report.

KeyBank National National Association and other lenders have been trying to sell the property for months, but auctions have been delayed pending a court appeal. On Wednesday, the U.S. Fifth Circuit Court of Appeals brought that to a conclusion and upheld the more than $200 million judgment against developer Tommy Spinosa, the Business Report said.